Golub Capital
Golub Capital is a leading middle market lender and private credit investment manager providing direct lending, one-stop, and other private debt financing solutions to private equity-sponsored companies, with over $70 billion in capital under management. Founded in 1994 and headquartered in New York with offices in major financial centers, Golub Capital has built its reputation over 30 years of middle market lending on a consistent, predictable approach to credit underwriting, deal structuring, and borrower-lender relationships that has made it one of the most trusted and frequently utilized direct lenders in the private equity sponsor community. According to its website at golubcapital.com, the company is an experienced partner to private equity sponsors who value Golub's ability to deliver certainty of execution, flexible financing solutions, and reliable long-term credit relationships for their portfolio companies through varying economic environments.
Golub Capital's lending platform, described at golubcapital.com, specializes in senior secured financing — particularly one-stop, unitranche credit facilities that provide private equity-backed companies with a single senior lending relationship that covers both the senior secured and junior secured portions of the capital structure in a single credit agreement with one lender. This one-stop lending approach simplifies the financing process for sponsors and borrowers by eliminating the need to negotiate with multiple lenders for senior and subordinated financing tranches, and has made Golub a market leader in the one-stop lending segment. Golub Capital's credit underwriting emphasizes businesses with recurring revenue characteristics, particularly software, technology-enabled services, and healthcare companies where the durability and predictability of revenue streams supports conservative leverage structures and confident credit assessment.
Golub Capital's investor platform serves institutional investors through private credit funds and separately managed accounts while also providing individual investor access through the Golub Capital BDC, Inc. (NASDAQ: GBDC) — a publicly traded business development company that provides daily liquidity access to a professionally managed portfolio of Golub's senior secured middle market loans. According to golubcapital.com, Golub Capital BDC is one of the largest and most established publicly traded BDCs, providing individual investors with access to Golub's institutional-grade middle market credit platform through the accessibility of a NYSE-listed, regularly reporting investment company. Golub Capital's combination of 30-year lending track record, one-stop lending leadership, recurring revenue sector expertise, institutional private credit business, and publicly traded BDC makes it one of the most complete and consequential participants in the middle market private credit landscape.